Recognise Bank releases Annual Report for 2024
Recognise Bank is pleased to release its Annual Report for 2024. During the year, Recognise Bank made progress in growing its business, achieving an increase in its loan book of 148% to £303m and in deposits of 106% to £412m. Overall, the Bank improved its financial performance, with the loss for the year reducing to […]
Recognise Bank welcomes four new Independent Non-Executive Directors to its Board
Recognise Bank is pleased to announce the appointment of four new Independent Non-Executive Directors, effective 26th November 2024. Suzanne Clark, Greg Jones, Garry Stran and Alison Tattersall will join the Board, alongside Chairman Steve Pateman and CEO Simon Bateman (both subject to regulatory approval), and other existing Board members. The new Directors bring a wealth […]
Recognise Bank appoints Simon Wilson as CRO
Recognise Bank is pleased to announce the appointment of Simon Wilson as Chief Risk Officer (CRO), subject to regulatory approval. Simon joins the Bank from a global money service business, where he served as CEO designate for their UK banking start-up. With over two decades of experience in the UK and EU Banking sectors, Simon […]
Recognise Bank announces £25 million investment
Recognise Bank is pleased to announce that it has secured £25m in new capital from its majority shareholder, which will support the delivery of a 5 year financial plan. This latest investment brings the total raised by the Bank to over £120 million. The capital injection will fuel Recognise Bank’s continued growth and will provide […]
Commended at the Business Moneyfacts Awards 2024
The Business Moneyfacts Awards is an industry leading awards event which celebrate the very best in the finance industry. This year’s ceremony took place on 18 April at Evolution London in Battersea. We are thrilled to announce that Recognise Bank has been awarded ‘Commended’ for the Best Business Variable Rate Deposit Account Provider at the prestigious Business Moneyfacts Awards 2024! Ronelle Arbib, COO at […]
Recognise Bank is a finalist at the British Bank Awards 2024
We’re thrilled to share that Recognise Bank has been shortlisted as a finalist at the British Bank Awards, in the Best Savings Provider category. To all our customers who took the time to vote for us – thank you. The prestigious British Bank Awards, hosted by Smart Money People, celebrate the best in banking. Voting […]
Vote for Recognise Bank at the British Bank Awards 2024
Voting is now open for this year’s British Bank Award, run by Smart Money People! The British Bank Awards celebrate the very best in the financial service sector and we are thrilled to announce that Recognise Bank has been entered into the Best Business Banking Provider, Best Business Finance Provider and Best Savings Provider awards. […]
A Vibrant Start to 2024 at Recognise Bank
As we enter into a new year, Recognise Bank is proud to share some exciting news that sets the tone for a year filled with continued dedication to our valued customers. We’ve won: Best Monthly Interest Savings Provider at the 2024 Moneynet Personal Finance Awards We are thrilled to announce that Recognise Bank has been […]
Personal savers advised to capitalise on high interest rates: should SMEs follow?
As interest rates are expected to decline, personal savers have been advised to capitalise on the remaining high rates. Which begs the question: is it now time for the population of UK small businesses to follow suit? Recognise Bank, a digital challenger bank, has consistently responded to interest rate changes over the past six months […]
Mental Health in SMEs Report
The last couple of years have posed challenges for businesses, and while we often see the statistics around the demise of the high street or how certain industries are struggling to survive, very little is mentioned around the people behind those businesses. The business owners who not only have their business to keep afloat, but […]
